Bahraini king’s follow-up of RCO’s projects highlighted

Chairman of the Board of Trustees of the Royal Charity Organsiation (RCO) Shaikh Nasser bin Hamad Al Khalifa has affirmed the close follow-up of His Majesty King Hamad bin Isa Al Khalifa, RCO’s Honorary President, to RCO’s development projects emanating from his directives to provide comprehensive care for the beneficiaries.
He said that HM the King had directed to implement strategic investment projects that upgrade society and the citizens, serve benefitting families and orphans and enhance RCO’s humanitarian, social and economic role through providing social, health and educational services that reduce the costs of living of the needy families, and launching non-profit social and charity projects.
He added that RCO was implementing a strategy based on the Royal directives by creating sustainable financing resources of its own, including real estate investments and shares in mega companies and Government bonds issued by the Central Bank of Bahrain, noting that annual profits ensure cash reserve that can be deposited in banks.
He also highlighted RCO’s keenness to build long-term strategic partnerships with individuals, companies and institutions to ensure the needed funds for its projects, as part of the social partnership principle.
RCO Secretary-General Dr. Mustafa Al-Sayyad said that upon directives of HM the King and under the leadership of Shaikh Nasser, RCO was implementing its strategy through launching a number of mega development projects that benefit registered families, upgrade society and the citizens, develop its revenues and diversify its income resources.
He cited the Jaw-based Bahrain Centre for Rehabilitation and Vocational Training, a pioneering institute that accommodates more than 600 students, and aims to prepare highly qualified cadres, boost good citizenship among its affiliates and rehabilitate its graduates to find jobs that appeals to them.
He added that the centre, including many facilities that ensure the students all requirements of learning and success, would focus basically on the needs of the labour market.
He highlighted RCO’s interest in providing quality education for the needy families through launching kindergartens across the kingdom, noting that the needed studies for four kindergartens in the Muharraq, Central, Northern and Southern Governorates have already been completed.
He also said that RCO was among the main founders of the Family Bank, as part of its goal to provide easy loans for micro and small enterprises.
He added that RCO had opened Al-Hidd Investment Building Project, a multi-storey building opposite the old Hidd Police Station, whose revenues would be allocated to RCO-affiliated orphans and widows in order to improve their living standards, and diversify RCO’s revenues.
He pointed out that other strategic investment projects, including the two charity towers in Sanabis, donated by HM the King and the Jasra Investment Villas, would benefit orphans and widows.
He added that RCO had finalised studies to establish an integrated centre that would serve needy people from all social segments, noting that the centre will include a library, a multi-purpose hall and a clinic that provides toll-free services for orphans, widows and needy people, which, he said, will consolidate RCO’s role in this regard.